Talk Me Down From the Wells Fargo Ledge, Part II

A quick update on my Wells Fargo post from yesterday. Looks like Peter Eavis at the WSJ is pursuing a similar line, with a nervous piece in Friday’s paper about "safe haven" banks Wells Fargo and U.S. Bancorp.

Does he advance the story? A little, but not a whole bunch. This will, however, bring more scrutiny to the two banks, in particular to Wells’ borrowing costs and increasing use of (expensive) short-term paper.

More here.

Related posts:

1. Talk Me Down From the Wells Fargo Ledge
2. Wells Fargo: CEO Stumpf on Subprime
3. Hedge Fund Managers are Big Meanies: Part XXXIV in a Series
4. We Realize You Have a Choice of Subprime-Struck Banks ….
5. Citi + BoA Losses = Rest of U.S. Banking’s Value